USA | wesslmnn - 2/13/2021 16:32
Trying to make farm program determinations and wondering if anyone has ever collected off SCO? I only had PLC on Winter Wheat since the program started in 2014 (I think that is right) and only had SCO two years and it did not pay either year. I know it is county based but I still struggle to to fully understand the program and when it would pay and when it wouldn’t. Is anyone planning on going PLC to gain access to the SCO to protect the top end of yields? With all the volatility and higher commodity prices I am thinking this might be a decent way to get some higher end yield protection without as much cost for a higher MPCI level.
Thoughts?
ECO and SCO are kind of like ARC County, except they both cover specific bands. ECO from 95% to 86% of County Revenue.
SCO from 86% to level of RP coverage taken. Example 80% RP SCO will cover 86% down to 80% county coverage 75% RP, 86% to 75% county coverage
ECO has to pay before SCO will.
Edited by coup 2/13/2021 18:02
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Has anyone collected indemnity with the SCO option?
